Non-Life Insurance Companies’ Premiums Rise to Rs 4.31 Billion in First Month of Current Fiscal Year

Kathmandu – The non-life insurance sector has witnessed mixed performance in the first month of the current fiscal year, with 10 companies reporting growth in premium income while four recorded a decline. According to data released by the Nepal...


Non-Life Insurance Companies Collect Rs 43.96 Billion Premium in the Month of Shrawan

Kathmandu – Non-life insurance companies in Nepal have recorded significant earnings in the month of Shrawan (mid-July to mid-August), with 18 companies collecting a combined insurance premium of Rs 43.96 billion. According to data released by the Nepal Insurance...


Selection Procedure Finalized for Appointment of Nepal Insurance Authority Chairman

Kathmandu — The Chairman Selection Committee of the Nepal Insurance Authority has finalized a new procedure for the appointment of a chairman, following approval from the Council of Ministers of the Government of Nepal. The committee, coordinated by Prof....


Public Notice Issued for Appointment of Nepal Insurance Authority Chairman

Kathmandu — The Chairman Selection Committee of the Nepal Insurance Authority has issued a public notice inviting applications for the post of Chairman, setting a seven-day deadline for submission. According to the notice, any Nepali citizen who meets the...


Protective Micro Insurance Opens New Sub-Branch in Mahendranagar, Kanchanpur

Kathmandu – Protective Micro Insurance Limited has inaugurated a new sub-branch office in Mahendranagar, Bhimdatta Municipality-4, Kanchanpur, as part of its expansion plan for the current fiscal year 2082/83. The sub-branch was officially opened by Bishnu Prasad Ghimire, Head...


Micro Non-Life Insurers Collect Rs 78.2 Million Premium in the month of Shrawan

Kathmandu – Micro non-life insurance companies in Nepal earned a total insurance premium of Rs 78.2 million in Shrawan, the first month of the current fiscal year 2082/83. According to financial statements released by the Nepal Insurance Authority, the...


Life Insurance Companies Expand Capital Market Investments, Himalayan Life Leads with Rs 10 Billion

Kathmandu – Life insurance companies in Nepal have significantly expanded their investments in the capital market, channeling billions into shares of listed companies across various sectors. According to the Nepal Insurance Authority (NIA), the 14 life insurance companies currently...


Life Insurance Companies’ Total Expenses Reaches Rs 233.8 Billion, Nepal Life Tops the List

Kathmandu – Life insurance companies in Nepal have reported a sharp rise in total expenses, with the 14 life insurers currently in operation spending a combined Rs 233.9 billion in the last fiscal year (FY). This marks a 12.86...


Recommendation Committee Formed to Appoint New Chairman of Nepal Insurance Authority

Kathmandu – A three-member recommendation committee has been formed to select the new chairman of the Nepal Insurance Authority (NIA). The committee was constituted by a decision of the Council of Ministers on Bhadra 9 (August 25). The panel...


Hospitals Face Financial Strain as Health Insurance Board Delays Payments

Kathmandu – Hospitals across the country are grappling with serious financial and managerial challenges due to the Health Insurance Board’s failure to release payments on time. More than half of the hospitals under the program are now facing operational...